News
Nigeria: IFRS Applauds Nigeria’s Progress in Sustainability Reporting
The International Financial Reporting Standards (IFRS) Foundation has commended Nigeria for its significant strides in sustainability reporting, highlighting the country’s efforts to align ...
Nigeria
Nigeria: Telecom Operators Urge Action to Resolve N250bn USSD Debt
The Association of Telecommunications Companies of Nigeria (ATCON) has urged regulators to implement concrete measures to address the lingering N250 billion debt owed ...
News
Nigeria: Lagos State Enhances Revenue Collection with AI-Powered Tax System Training
The Lagos State Government has advanced its efforts to meet its 2025 revenue goals by equipping 450 revenue officers with expertise in the ...
News
Nigeria: How Inflation, Forex Reforms, and Recapitalization Shaped Nigeria’s Banking Sector in 2024
The Nigerian banking sector in 2024 was marked by significant policy changes driven by surging inflation, foreign exchange (forex) reforms, and a recapitalization ...
Botswana
Botswana Central Bank Highlights Minimal Crypto Risks, Stresses Need for Regulation
Botswana’s central bank has identified minimal immediate risks to the country’s financial stability from cryptocurrency markets but has emphasized the importance of proactive ...
Nigeria
Nigeria: Payaza Secures N50 Billion Commercial Paper Approval from FMDQ
In a landmark financial achievement, Payaza, a leading African financial services provider, has received approval from FMDQ Exchange for a N50 billion Commercial ...
Nigeria
Nigeria: PenOp to Introduce New Pension Service Providers
The Pension Fund Operators Association of Nigeria (PenOp) has announced plans to introduce four pension service solution providers starting April 1, 2025. This ...
Nigeria
Nigeria: CBN Ramps Up FX Sales to Defend Naira Amid Market Pressures
The Central Bank of Nigeria (CBN) intensified its efforts to stabilize the naira by conducting aggressive forex interventions over four consecutive trading days. ...
Nigeria
Nigeria: CBN Approves Weekly $25,000 FX Purchases for BDCs to Address Yuletide Demand
The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary access to purchase up to $25,000 in foreign exchange ...
Nigeria
Nigeria: CBN Temporarily Opens FX Window for BDC Operators at NFEM Rate
The Central Bank of Nigeria (CBN) has introduced a temporary window allowing Bureau de Change (BDC) operators to access US dollars at the ...